REN, ELMERA GROUP, Another 2 Companies Have A High Dividend Yield And Return On Equity In The Utilities Sector.

(VIANEWS) – REN (RENE.LS) is among this list of stock assets with the highest dividend rate and return on equity on the Utilities sector.

Financial Asset Price Forward Dividend Yield Return on Equity
REN (RENE.LS) €2.50 12.57% 8.93%
ELMERA GROUP (ELMRA.OL) kr21.60 6.79% 5.02%
ELEC.STRASBOURG (ELEC.PA) €91.20 2.74% 13.75%
NEOEN (NEOEN.PA) €27.72 0.45% 7.39%

Several Euronext companies pay out dividends to its shareholders. The dividend yield is a dividend to price ratio showing how much a company pays out in dividends each year.

1. REN (RENE.LS)

12.57% Forward Dividend Yield and 8.93% Return On Equity

REN – Redes Energéticas Nacionais, SGPS, S.A., through its subsidiaries, engages in the transmission of electricity and natural gas in Portugal. It operates in two segments, Electricity and Gas; and Telecommunications. The company operates as a national electricity transmission network; purchases, sells, imports, and exports electricity and natural gas; manages a concession to operate a pilot area to produce electric energy from ocean waves; and operates a telecommunications network. It also operates liquefied natural gas terminal maintenance and regasification facilities; and manages projects and ventures in the natural gas sector. In addition, the company provides underground storage development, maintenance, and operation services; natural gas transport and management services; and distributes natural gas, as well as communication and sustainability, marketing, business management, business development and consulting, and IT project services. Further, it invests in assets, shares, companies, and associations; transmits and transforms electricity in Chile, as well as participates, finances, collaborates, and conducts management of companies; and manages back offices. As of December 31, 2022, it operated national electricity transmission system with 9,424 kilometers of line circuits, 70 transformer substations, and 17 switching and transition stations; and national natural gas transmission network with 1,375 kilometers of high-pressure gas pipelines, 66 junction stations for pipeline branching, 45 block valve stations, 5 T-branch interconnection stations, 85 gas pressure regulating and metering stations, and 2 custody transfer stations. The company was founded in 1994 and is headquartered in Lisbon, Portugal.

Earnings Per Share

As for profitability, REN has a trailing twelve months EPS of €0.24.

PE Ratio

REN has a trailing twelve months price to earnings ratio of 10.4. Meaning, the purchaser of the share is investing €10.4 for every euro of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.93%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on May 12, 2023, the estimated forward annual dividend rate is 0.31 and the estimated forward annual dividend yield is 12.57%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

REN’s EBITDA is 3.61.

Sales Growth

REN’s sales growth is negative 8% for the present quarter and 20.8% for the next.

Yearly Top and Bottom Value

REN’s stock is valued at €2.50 at 17:30 EST, way under its 52-week high of €2.80 and above its 52-week low of €2.36.

More news about REN.

2. ELMERA GROUP (ELMRA.OL)

6.79% Forward Dividend Yield and 5.02% Return On Equity

Elmera Group ASA, together with its subsidiaries, engages in the purchase, sale, and portfolio management of electrical power to households, private and public companies, and municipalities in Norway. It operates through Consumer, Business, and Nordic segments. The Consumer segment sells electrical power and related services to private consumers. The Business segment sells electrical power and related services to business consumers. The Nordic segment sells electrical power and related services to consumers in Finland and Sweden. The company also manages, researches, and develops products and services related to electrical power; and offers payment solutions. In addition, it provides mobile phone services to private customers. The company was formerly known as Fjordkraft Holding ASA and changed its name to Elmera Group ASA in April 2022. Elmera Group ASA was founded in 2001 and is headquartered in Bergen, Norway.

Earnings Per Share

As for profitability, ELMERA GROUP has a trailing twelve months EPS of kr0.11.

PE Ratio

ELMERA GROUP has a trailing twelve months price to earnings ratio of 196.36. Meaning, the purchaser of the share is investing kr196.36 for every norwegian krone of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 5.02%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, ELMERA GROUP’s stock is considered to be oversold (<=20).

Volume

Today’s last reported volume for ELMERA GROUP is 68714 which is 76.04% below its average volume of 286876.

More news about ELMERA GROUP.

3. ELEC.STRASBOURG (ELEC.PA)

2.74% Forward Dividend Yield and 13.75% Return On Equity

Électricite de Strasbourg Société Anonyme engages in the supply of electricity and natural gas to individuals, businesses, and local authorities in France. It is also involved in the design, construction, and operation of electrical engineering, industrial, and public lighting facilities, as well as heating networks; provision of collective catering engineering and energy renovation services; and technical management and optimization of energy installations. The company was founded in 1899 and is based in Strasbourg, France. Électricite de Strasbourg Société Anonyme is a subsidiary of EDF Développement Environnement SA.

Earnings Per Share

As for profitability, ELEC.STRASBOURG has a trailing twelve months EPS of €5.44.

PE Ratio

ELEC.STRASBOURG has a trailing twelve months price to earnings ratio of 16.76. Meaning, the purchaser of the share is investing €16.76 for every euro of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.75%.

Yearly Top and Bottom Value

ELEC.STRASBOURG’s stock is valued at €91.20 at 17:30 EST, way below its 52-week high of €102.50 and way higher than its 52-week low of €81.60.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on May 30, 2023, the estimated forward annual dividend rate is 2.65 and the estimated forward annual dividend yield is 2.74%.

Moving Average

ELEC.STRASBOURG’s value is below its 50-day moving average of €91.36 and under its 200-day moving average of €93.90.

More news about ELEC.STRASBOURG.

4. NEOEN (NEOEN.PA)

0.45% Forward Dividend Yield and 7.39% Return On Equity

Neoen S.A., an independent renewable energy production company, engages in the development and operation of renewable energy power plants. The company operates through Solar Power, Wind Power, Storage, Farm-Down, Development and Investments, and Eliminations segments. It operates in Argentina, Australia, Canada, Ecuador, the United States, Finland, France, Ireland, Italy, Jamaica, Mexico, Mozambique, Portugal, El Salvador, Sweden, and Zambia. Neoen S.A. was incorporated in 2008 and is headquartered in Paris, France. Neoen S.A. operates as a subsidiary of Impala SAS.

Earnings Per Share

As for profitability, NEOEN has a trailing twelve months EPS of €1.14.

PE Ratio

NEOEN has a trailing twelve months price to earnings ratio of 24.32. Meaning, the purchaser of the share is investing €24.32 for every euro of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 7.39%.

Volume

Today’s last reported volume for NEOEN is 10678 which is 90.72% below its average volume of 115186.

More news about NEOEN.

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